Anfield U.S. Equity Sector Rotation ETF (BATS:AESR) Shares Down 18.3% – Time to Sell?

Anfield U.S. Equity Sector Rotation ETF (BATS:AESR)’s stock price was down 18.3% during mid-day trading on Thursday . The company traded as low as $21.12 and last traded at $17.33. 68,551 shares traded hands during trading, an increase of 187% from the average session volume of 23,867 shares. The stock had previously closed at $21.20.

Anfield U.S. Equity Sector Rotation ETF Stock Down 18.3%

The company has a market capitalization of $133.96 million, a price-to-earnings ratio of 21.62 and a beta of 1.01. The stock’s 50-day simple moving average is $19.14 and its two-hundred day simple moving average is $19.61.

Anfield U.S. Equity Sector Rotation ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Friday, December 12th were given a dividend of $3.9019 per share. This represents a $15.61 annualized dividend and a dividend yield of 90.1%. The ex-dividend date was Friday, December 12th.

Institutional Investors Weigh In On Anfield U.S. Equity Sector Rotation ETF

A hedge fund recently bought a new stake in Anfield U.S. Equity Sector Rotation ETF stock. JPMorgan Chase & Co. acquired a new position in shares of Anfield U.S. Equity Sector Rotation ETF (BATS:AESR) in the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 2,996 shares of the company’s stock, valued at approximately $62,000.

About Anfield U.S. Equity Sector Rotation ETF

The Anfield U.S. Equity Sector Rotation ETF (AESR) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively managed fund-of-funds of large-cap US equities that uses macroeconomic and forecasting methodology to pursue a sector rotation strategy. AESR was launched on Dec 17, 2019 and is managed by Anfield.